Public Policy Roundup
The Federal Reserve is factoring in leveraged loan risks in its annual stress test of banks, and the central bank's chairman testifies before Congress.
Federal regulators proposed modifications to the Volcker Rule that could be extended to private equity firms, and the House Committee on Financial Services released its February schedule.
Proposed rulemaking would roll back some Volcker Rule restrictions on banks, the Treasury's watchdog is investigating opportunity zones, and more.
More members of Congress want opportunity zones to spread the wealth, the SEC is criticized for lack of diversity, and a commissioner prepares to step down.
The DOL issued a finalized version of the joint-employer rulemaking in which ACG and other organizations were recognized for work that helped amend the standard.